The Fateful History of Fannie Mae: New Deal Birth to Mortgage Crisis Fall

Discover the untold story of one of the largest financial companies in the world with "The Fateful History of Fannie Mae: New Deal Birth to Mortgage Crisis Fall" by James R. Hagerty. Delve into the captivating tale of Fannie Mae, a government-created agency whose purpose was to make home loans more accessible during the Great Depression. This eye-opening book sheds light on the agency's evolution from a minor detail of the New Deal to a trillion-dollar debt burdened company with its fate hanging in balance.

Uncover the secrets and intrigue behind Fannie Mae's rise and subsequent fall, as author James R. Hagerty takes you on a journey through history. Despite the warnings from critics that it was a disaster waiting to happen, Fannie Mae continued its path, until the housing market collapse of 2008. In the midst of foreclosures and financial turmoil, the U.S. Treasury had to step in and seize control. Through meticulous research, Hagerty reveals the political, economic, and human factors that led to the missed opportunities and ultimately, the financial disaster.

Written based on James R. Hagerty's extensive reporting for the renowned Wall Street Journal, "The Fateful History of Fannie Mae" brings to light the inside stories, interviews with executives, regulators, and congressional leaders that have never been revealed before. Gain unprecedented access to the minds of those who shaped Fannie Mae's journey, as Hagerty unravels the complex web of politics and economics behind this compelling saga.

Don't miss out on this captivating and informative book that uncovers the hidden truths of Fannie Mae's fateful history. Order your copy today and indulge in a story that will both captivate and educate. Click here to get your copy of "The Fateful History of Fannie Mae: New Deal Birth to Mortgage Crisis Fall" now.